Language:
Password reminder
No account yet? Register Free
About Us Advertising Info Contact Us Client Login
labmedica.com
Industry News
Features Subscription Partner Sites Journal Info
LEICA WETZLAR-GERMANYSIEMENS HEALTHCARERANDOX LABORATORIES

Quidel Acquires Diagnostic Hybrids for US$130 Million

By Labmedica International staff writers
Posted on 15 Jan 2010


Quidel Corporation (San Diego, CA, USA) signed a definitive agreement to acquire the privately owned company Diagnostic Hybrids, Inc. (Athens, OH, USA) for approximately US$130 million in cash.

Quidel provides a variety of rapid point-of-care diagnostic tests marketed under the brand name of QuickVue. Diagnostic Hybrids manufactures and commercializes direct fluorescent in vitro diagnostic assays used in hospital and reference laboratories for a number of diseases.

Diagnostic Hybrids leverages its antibody development and cell culture expertise to develop new products that address significant market opportunities. The company's direct sales force serves over 700 North American customers, and its products are sold via distributors outside the United States.

"Diagnostic Hybrids will broaden Quidel's current portfolio into complementary nonseasonal infectious and autoimmune diseases and help diversify our revenue base. Moreover, Diagnostic Hybrids has a solid track record of generating strong and profitable sales growth," said Douglas Bryant, president and CEO of Quidel.

David Scholl, Ph.D., president and CEO of Diagnostic Hybrids Diagnostic added, "Our combined organization will have greater channel strength and together we will provide our customers a full service offering of best-in-class diagnostic products."

Quidel's portfolio of products currently includes tests that aid in the diagnosis of disease or condition states, including those caused by Chlamydia, fecal occult blood (FOB), respiratory viruses, herpes virus, other viruses; Helicobacter pylori, Streptococcus A; and pregnancy and thyroid disease tests. Quidel's products are sold to healthcare professionals on a worldwide basis.

Related Links:
Quidel Corporation
Diagnostic Hybrids





Read the full article by registering today, it's FREE! It's Free!
Register now for FREE to LabMedica.com and get complete access to news and events that shape the world of Clinical Laboratory Medicine.
Free digital version edition of LabMedica International sent by email on regular basis
Free print version of LabMedica International magazine
(available only outside USA and Canada).
Free and unlimited access to back issues of LabMedica International in digital format
Free LabMedica International Newsletter sent every 2 weeks containing the latest news
Free breaking news sent via email
Free access to Events Calendar
Free access to LinkXpress new product services
REGISTRATION IS FREE AND EASY!


Click here to Register

Sign in: Registered website members
Username: Password:
Forgot username/password? Click here!
Sign in: Registered magazine subscribers
Subcode: Last Name:
What is SUBCODE?




Hematology Analyzer
Hematology Analyzer
Water Baths
Water Baths
Steam Cleaners
Steam Cleaners

More Products

QIAGEN

Latest Industry News News

Latest Issue
View Digital Edition
Subscribe / Renew
Alere
LinkXpress
Click for LinkXpress
Reader Inquiry Service
Enter code to receive information:
Where I can find code?
Featured MedBiz Market Reports
Premium Report Genomics, Proteomics and Metabolomics in Diagnostics: Market landscape, innovative technologies and future outlook
Premium Report Point of Care Testing: Evaluating the return to evidence based medicine, novel technologies and the competitive landscape
Featured Video
QIAGEN:
Introducing QIAsymphony RGQ — The Power of Flexibility

View Video
Featured Whitepaper
SIEMENS DIAGNOSTICS :
TRUGENE HBV Genotyping Assay

Download Whitepaper
Events
17th International Conference on Neuropathology
11 Sep 2010
15 Sep 2010


Analytica China 2010
15 Sep 2010
17 Sep 2010


10th Baltic Congress of Laboratory Medicine
16 Sep 2010
18 Sep 2010


More events
MINDRAY-LAB
AACC
CELLAVISION AB
FOCUS DIAGNOSTICS, INC.
GLOBETECH PUBLISHING
QBC Diagnostic
INSTRUMENTATION LAB
Reed Expositions France
  labmedica.com Copyright � 2000-2010 Globetech Media. All rights reserved.